Articles

Articles

Mastercard: Why A Truly Connected Economy Needs A New Security Paradigm

February 7, 2020 --Flash back a few years and everyone had one or maybe two connected devices.There were the smartphones we all had, with a heavy sprinkling of tablets and connected gaming consoles. One could count a computer, although desktops tend to lack portability.Today, the landscape has changed."The IoT digital explosion is changing everything that happens around us. How we communicate, how consumers buy products, how they watch content, how they find things — this literally touches every aspect of

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Attacks are getting smaller. In some ways that’s worse.

January 15, 2020 -- Attackers are adapting and evolving to give themselves the best chances for success when they commit account takeover or other fraudulent attacks, often attempting to work around bot-detection tools to enable greater efficiency with automated attacks."Sophisticated bot-detection tools, improved Captchas, and other technologies that mitigate automation are making it very difficult for bad actors to succeed in their schemes, forcing them to look at foolproof alternatives that bypass these bot challenges, particularly when targeting high-value accounts

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Stolen data’s a hot potato that gets quickly passed around

December 13, 2019 -- In the digital economy, data has become the most valuable asset for any organization, with 97% of businesses using data to power their business opportunities and 76% of businesses using data as an integral part of forming a business strategy."Through step-ups such as one-time passwords, two-factor authentication, security tokens, and physical biometrics, companies are finding alternatives to avoid relying on a password or other personally identifiable data that could have been stolen." For the complete article,

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Leveraging Data and Authentication: Mastercard’s Approach to Combatting Digital Fraud

December 10, 2019 -- Throughout history, merchants have had to contend with fraud. So long as there’s money to be made, criminals will try to exploit any vulnerabilities, and so long as there’s money on the line, merchants will fight back."With more people communicating, transacting, and interacting through cyber channels, digital fraud is only going to increase. This means it’s crucial for merchants to adopt strategies to fight back. While digital fraud is certainly a major problem, it is not

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Mastercard Leverages Active Biometrics to Secure More than Just Payments

December 05, 2019 -- People are spending more of their lives in the digital space than ever before. With the widespread adoption of mobile phones and computers, nearly everyone is able to surf the web, communicate with friends and family, and do a range of activities online."Today’s environment forces organizations to confront a very difficult dilemma: how do you enhance security without compromising the user experience? The evolution of fraud attacks has made this issue increasingly difficult to solve for."

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